Greylock leads £18m investment in Ebury

The investment, which comprises both debt and equity, will be used to support the company's international expansion and new product development.

Laurel Bowden, a partner at Greylock, has made a personal investment as part of the funding round.

Company
Headquartered in London, Ebury provides cross-border financial services to SMEs. The company enables payment transfers in foreign currencies, allowing users to take advantage of competitive exchange rates, make use of emerging market currencies and facilitates the ability to hedge currency risk. Furthermore, clients can access short-term finance.

Ebury was established in 2009. Today the company employs 170 people and counts more than 3,000 SME clients. Beyond its head office in London, Ebury also has offices in Madrid and Amsterdam.

People
Salvador Garcia Andres is CEO and founder of Ebury. Laurel Bowden is partner at Greylock.

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• Topics
• UK / Ireland
• Financials
• Expansion
• Greylock Partners